CASH FLOW INFORMATION

12 Months Ended

Dec. 31, 2016

CASH FLOW INFORMATION

CASH FLOW INFORMATION

NOTE 11. CASH FLOW INFORMATION

During the years ended December 31, 2016, 2015 and 2014, cash paid for interest was approximately $9,942,000,  $9,838,000 and $8,791,000 respectively. Cash paid for state income taxes was approximately $47,000,  $32,000 and $51,000 during the years ended December 31, 2016, 2015 and 2014 respectively.  In 2014, the Partnership was involved in non-cash refinancing activities of approximately $7,077,000 for NERA Dean Street Associates, LLC and Westgate Apartments Burlington, LLC. In 2015, the Partnership was involved in a non-cash financing activity of $25,000,000 in connection with the purchase of the residence at Captain Parker.